Which of the following is likely to decrease an employer's bargaining power?
A. A strong economy.
B. A large number of products in inventory.
C. Slowed or idle plants in other parts of the country.
D. A loose labor market.
A. A strong economy.
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"Containerization" refers to a company's:
A) designing attractive product packaging that will help a product "sell itself." B) use of computer technology to keep a lid on ("contain") distribution costs. C) use of refrigerated warehouses for perishable products. D) use of standard-sized shipping boxes that can be transported in various ways. E) method of shipment by using oval size steel containers to fit different commodities.
Lucky loses in a high-stakes poker game to Fat Chance. To pay his debt, Lucky writes a check to Fat Chance, who negotiates the check to Convenient, who then tries to cash the check at Lucky's bank. Lucky has already stopped payment on the check, so the check is not honored by her bank. Convenient then tries to collect the check by suing Lucky. High-stakes poker games are illegal in this state
Which statement is correct? a. If Convenient can demonstrate that he is a holder in due course, he will prevail. b. If Convenient can demonstrate that he was a buyer in the ordinary course of business, he will prevail. c. If Convenient can demonstrate that he gave value without notice, he will prevail. d. Convenient will not prevail.
The purpose of market segmentation is to:
A. reduce the market down to a specific size that the firm can handle B. divide the market into equal size and profit regions for sales territories C. group a large number of markets together enabling a company to serve them simultaneously D. develop a generalized definition of the market as a whole E. enable the marketer to tailor marketing mixes to meet the needs of one or more specific groups
Which of the following is a disadvantage of the pay grade approach?
A. It might give rise to some jobs being underpaid and some being overpaid. B. The administrative burden of setting separate rates of pay for numerous employees is increased. C. It is inflexible when it comes to moving employees from job to job. D. Demotions are not well received in a pay grade system when compared to a job-based system. E. It does not recognize that performance difference in the higher levels has much impact on the organization.